Tag: SE Asia billet import offers

SE Asia: Imported billets market sluggish, but Chinese rebar futures support prices

Feb 17, 2023

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by

Vaibhav Dubey

in Billet

South East Asia’s imported billets market remained silent this week with no active deals heard. However, prices remained supported following a sharp hike in Chinese rebar futures. According to data maintained with SteelMint, Chinese SHFE rebar futures stood at RMB 4,167/t ($606/t) on 17 February, 2023, a sharp rise of RMB 93/t ($13/t) w-o-w as…